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Key takeaways. Conduent Education Services was a student loan servicer that closed in 2019, dispersing its student loans to other providers. The Consumer Financial Protection Bureau and the state ...
PHEAA conducts its student loan servicing activities nationally as FedLoan Servicing and American Education Services (AES). FedLoan Servicing was established in 2009 to support the U.S. Department of Education's ability to service student loans owned by the federal government, and is one of a limited number of organizations approved by the ...
CornerStone Education Loan Services was managed by the Utah Higher Education Assistance and was previously one of eight approved federal student loan servicing agencies. Due to financial loss ...
As of July 2023, the four companies which service the majority of student loans are Aidvantage, EdFinancial Services, MOHELA (Higher Education Loan Authority of the State of Missouri) and Nelnet. [41] ECSI (Educational Computer Systems, Inc.) is the exclusive servicer for the remaining Perkins Loans.
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]
Student loan policies could be overhauled under President-elect Donald Trump’s upcoming administration, with several existing programs likely to undergo changes or be eliminated. The Biden ...
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